Separate investigations from Chaos Labs and Inca Digital allegedly found that approximately 30% of the 2024 United States Presidential election activity on Polymarket is the result of wash trading — a method of market manipulation designed to artificially boost volume. According to the report from Fortune, both firms claim the actual transaction volume on the prediction platform was only $1.75 billion, compared to the $2.7 billion reported by Polymarket. Analysts from Chaos Labs attributed this discrepancy in transaction volume to Polymarket counting shares for candidates in whole dollar amoun…